Oil & Gas - News Agency Of Nigeria

El-Rufai, Soludo, Sanusi insist on fuel subsidy removal

On: May 10, 2023

By Emmanuella Anokam The Kaduna State Governor Malam Nasir El-Rufai and his Anambra counterpart, Prof. Charles Soludo, have urged the Federal Government to end the fuel subsidy regime which has negatively affected Nigeria’s economy. The governors made the call on Tuesday in Abuja during a panel session at the policyContinue Reading

NDDC to establish MoU on corporate governance structure- Official

By: Vivian Ihechu

On: May 8, 2023

In: Oil & Gas

By Yunus Yusuf The Niger Delta Development Commission (NDDC) says it is in talk with global consultants to establish a Memorandum of Understanding (MoU) on its corporate governance structure. Its Executive Director, Projects, Mr Charles Ogunmola, said this in an interview with newsmen on the sidelines of theContinue Reading

Dangote to inaugurate Refinery, petrochemical company May 22

By: Afonne Emmanuel

On: May 7, 2023

In: Oil & Gas

By Yusuf Yunus Mr Anthony Chiejina, Group Chief Branding and Communications Officer, Dangote Industries Ltd., says the multi-billion Naira Dangote Refinery and Petrochemical company will be inaugurated in Lagos on May 22. Chiejina disclosed this to the News Agency of Nigeria (NAN) on Sunday in Lagos. NAN reports that theContinue Reading

NUPRC boss reaffirms continued support to indigenous oil, gas companies

By: Folashade Adeniran

On: May 4, 2023

In: Oil & Gas

By Yusuf Yunus The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the commission will continue to support indigenous oil companies to grow, especially with the right policies and regulations. Mr Gbenga Komolafe, Chief Executive, NUPRC Commission, said this on Wednesday when he paid a visit to the exhibition standContinue Reading

Sustainability policies crucial for energy companies operating in Africa- Aduda

By: Folashade Adeniran

On: May 4, 2023

In: Oil & Gas

By Yusuf Yunus Mr Gabriel Aduda, Permanent Secretary, Ministry of Petroleum Resources, says resilience and sustainability policies are crucial for the long-term success of energy companies operating in Africa. Aduda said this at the Africa Energy Forum event on Wednesday in Houston, Texas, United States of America. The News AgencyContinue Reading

African countries must join forces to diversify energy mix through AfCFTA- Kyari

By: Folashade Adeniran

On: May 3, 2023

In: Oil & Gas

By Yusuf Yunus Mr Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company Ltd. (NNPCL), has called on African countries to take advantage of the implementation of the African Continental Free Trade Agreement (AfCFTA). Kyari said this would help to diversify their energy sources into a sustainableContinue Reading

Fix refineries before subsidy removal – Don

By: Afonne Emmanuel

On: May 2, 2023

In: Oil & Gas

By Emmanuella Anokam A University Don, Olanrewaju Aladeitan, says before removal of the fuel subsidy, it is expected that ideal things, including fixing the refineries to be functional, should be done for optimal benefit. The lecturer warned that the removal of subsidy on Premium Motor Spirit (PMS), called fuel, withoutContinue Reading

Fix refineries before subsidy removal – Don

By: Afonne Emmanuel

On: May 2, 2023

In: Oil & Gas

FG to explore alternative funding model for oil, gas industry development – NUPRC

By: Folashade Adeniran

On: May 2, 2023

In: Oil & Gas

By Yusuf Yunus The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says the Federal Government has concluded plans to explore alternative funding models for development of the country’s oil and gas resources. Mr Gbenga Komolafe, the Commission Chief Executive of NUPRC, said this on Monday during the opening ceremony of theContinue Reading

OTC 2023: FG plans to recommend ‘African forum of Regulators’ for upstream operations

By: Folashade Adeniran

On: May 2, 2023

In: Oil & Gas

By Yusuf Yunus The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says it will recommend for an establishment of ‘African forum of regulators’, to benchmark and standardise regulatory framework in the upstream oil and gas sector across the states of African nation. Mr Gbenga Komolafe, the Commission Chief Executive ofContinue Reading

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